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Whether you’re saving for your child’s tuition, your own retirement, or that summer vacation, Fidelity Bank has the savings account for you. Compare our accounts and we’re sure that you’ll find one that is right for you.

IRAs

Find the right IRA account for you

An Individual Retirement Account (IRA) is designed to help you save for retirement, while gaining tax advantages along the way.

Start planning for your retirement today with Fidelity Bank’s simple, low-risk Individual Retirement Accounts. Read below to find out which account best fits your needs or call a Personal Banker today to discuss your options.

Individual Retirement Account (IRA)

If you are under 70 1/2 years of age and have earned income, you can build a retirement fund with an IRA.

Interest Rate

Fixed rate based on the term of the certificate

Monthly Service Fee

None

Minimum Opening Deposit

$100

Term

7 days to 95 months

Withdrawal

If you are 70 1/2 years of age and have earned income, interest earned is not subject to federal income tax until it is withdrawn. Also, depending on your income, your contribution could be partially or fully tax deductible.

Bank penalty for early withdrawal

IRS penalty for early withdrawal

Convenient distribution options are available once account holder has reached 59 ½ years of age

Roth Individual Retirement (Roth IRA)

Fidelity Bank also offers Roth IRAs that allow nondeductible contributions and tax-free withdrawals, subject to prescribed limits.

Interest Rate

Fixed rate based on the term of the certificate

Monthly Service Fee

None

Minimum Opening Deposit

$100

Term

7 days to 95 months

Withdrawal

Bank penalty for early withdrawal

IRS penalty for early withdrawal

Roth IRAs allow non-deductible contributions and tax-free withdrawals.

As long as you have earned income, the 70 ½ years of age rule does not apply.

To find out more about any of the personal savings options listed above please speak with one of our experienced personal bankers today. They are ready to help you with a banking program that is tailored just for you. To get started, visit any of our convenient branch locations or contact us at 404.248.LION (5466) or toll free at 888.248.LION (5466).